Asked by: John Milne (Liberal Democrat - Horsham)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, pursuant to the Answer of 16 March 2026 to Question 118609 on Private Education: VAT, whether he plans to publish at the Autumn Budget the outturn VAT receipts from private school fees for (a) 2024-25 and (b) 2025-26.
Answered by James Murray - Financial Secretary to the Treasury and Paymaster General
The measure introducing VAT on private schools was estimated to raise £460 million in 2024-25 and £1,505 million in 2025-26. HMRC does not publish outturn VAT receipts relating to specific policy changes. The modelling of the Exchequer impact has, however, been updated in the light of further data. The Office for Budget Responsibility revised up the estimate of the revenue by an average of £40 million per year for their Autumn 2025 Economic and Fiscal Outlook, and stated that they will continue to monitor trends in the data. Any further updates will be published in the usual way.